Wednesday, June 30, 2010
Black: June Review
Above is my equity graph for June for FXDD account. Below are results for FXDD + Oanda account combined. Will combine both in future.
Week 1: +51
Week 2: +11
Week 3: +105
Week 4: +55
Week 5: +114
Month: +336 pips
Very happy with my result this month, though they are nothing more than breaking even from my April's devastating month. Most of the trades, I have been lucky for this month, ever since the lucky NFP catapult trade, those dangerous pullbacks and averaging-ins.. if they were to went against me thing would've been very different.
One of the thing I have improve this month is the using of position sizing. I used different sizes of pips a lot, depending on the confidence of the entry. I did not force myself to trade most of the night, so I still enjoy quite a bit of personal life in balance.
But there is one thing that is still grey, I wonder if I could take loses. I have been lucky to win most of the nights this month, what if there was a losing night? Would my revenge monster rage and do all foolish things again? Or is it due to some kind of revenge that I turn some losing night into wins, due to luck?
Nevertheless, I will approach the new month with high caution like this one. I cannot let down my guards because I still do not know if this revenge syndrome has been curbed. Happy to make new trader friends along the way with this blog. Thanks everyone for the support & encouragement in between and let's work hard together!